Micron Technology Inc. surged in late trading after its quarterly sales forecast crushed Wall Street estimates, signaling that an AI-fueled growth run remains strong. The largest US maker of computer memory chips, said revenue will be approximately $50 billion in the fiscal fourth quarter, which runs through August. Bloomberg's Ruhell Amin breaks down the numbers. (Source: Bloomberg)
Micron Technology Inc. surged in late trading after its quarterly sales forecast crushed Wall Street estimates, signaling that an AI-fueled growth run remains strong. The largest US maker of computer memory chips, said revenue will be approximately $50 billion in the fiscal fourth quarter, which runs through August. Bloomberg's Ruhell Amin breaks down the numbers. (Source: Bloomberg)
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